At the investment forum in Astana on February 7, 2025, plans were announced to expand Kazakhstan’s economy to $450 billion by 2029. To achieve this goal, the government aims to attract at least $150 billion in foreign direct investment.
Since 2024, the Investment Headquarters has reviewed 115 projects worth a total of $50 billion. Last year, the country signed seven investment agreements worth $2.5 billion and concluded 107 contracts totaling $5.8 billion. In 2025, six more agreements worth over $2 billion have already been approved.
One of the key sectors for capital attraction has been the gas industry. Investments in this sector increased by 88%, reaching $15.7 billion. The primary contributor was Qatar-based UCC Holding, which invested $11 billion in the construction of gas processing plants and main gas pipelines.
Kazakhstan remains one of the top destinations for foreign investments in Central Asia. According to the UN, capital inflows to the region grew by 27% in 2024, reaching $24.8 billion. Leading countries in attracting funds include Kazakhstan, Uzbekistan, and Kyrgyzstan.
Since 2017, Uzbekistan’s economy has attracted $188 billion in investments, of which $87 billion came from foreign sources. The country is actively developing green technologies, with South Korea’s Western Power already investing $152 million in a biofuel plant.
Despite global economic shifts, Central Asia continues to strengthen its position as a promising investment region, drawing capital into the energy sector, infrastructure, and technology.
Source: daryo.uz
